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There is no housing shortage, there are more vacant homes than total numbers of homeless in the US. It’s just that capitalism creates a permanent underclass.
by gjgtcbkj 3y ago
There is no housing shortage, there are more vacant homes than total numbers of homeless in the US. It’s just that capitalism creates a permanent underclass.
- johnsimer 3y agoCommunism creates an even worse underclass every time it has been tried.
- trgn 3y agoThe problem of low housing supply is not a problem of capitalism. It's of nimbyism, restrictive zoning, car-dependency. Capitalism's hey-day was late 1800s and cities ballooned like crazy.
- hammock 3y agoAll real estate is local. The areas with the most homeless also have the worst housing shortages
- boeingUH60 3y agoPlenty vacant houses in run-down towns nobody wants to move to. It’s not the same for the top cities.
- matchbok 3y agoPlease take 30 seconds and imagine a world with 0% apartment vacancy and get back to us. lol.
- matteotom 3y agoAre you suggesting a specific policy?
- ianburrell 3y agoDefine "vacant" home. The house next door to me was empty for two months while it was being sold and before new owners moved in. The house across the street from me has been for sale for months. It is impossible to house homeless in houses for sale; the sellers and buyers would never accept it. The same thing happens with apartments. They are vacant for a month between tenants or when finding new tenants. Landlords would never accept temporary tenants who couldn't pay. People holding houses for investment happens, but most rent them out. The few that don't are pretty rare and not enough to affect the housing market.
- dublinben 3y agoHere's a short video on why "vacant homes" are not the solution to the housing crisis: https://www.youtube.com/watch?v=3xZXdXxYBGU https://www.youtube.com/watch?v=3xZXdXxYBGU
- slothtrop 3y agoLook at the vacancy rate in the most expensive cities, where the homeless are.